How Long Do Pending Authorizations Take PayPal?
PayPal, as one of the most popular online payment systems, offers a convenient and secure way for individuals and businesses to send and receive money. However, when it comes to pending authorizations, many users are often left wondering about the duration it takes for these authorizations to be processed. In this article, we will discuss how long pending authorizations typically take PayPal and the factors that can affect the processing time.
Pending authorizations in PayPal occur when a payment is initiated but has not yet been fully processed. This can happen due to various reasons, such as a payment being held for review, a payment being made to a new PayPal account, or a payment being reversed. The duration it takes for pending authorizations to be processed can vary depending on several factors.
Firstly, the type of payment can influence the processing time. For example, payments made with a credit or debit card are usually processed quickly, often within a few minutes. On the other hand, payments made through a bank account may take longer, as they require additional time for the funds to be transferred and cleared.
Secondly, the amount of the payment can also affect the processing time. PayPal may hold larger transactions for review to ensure the legitimacy of the transaction. This can result in a longer processing time for these types of payments.
Additionally, the status of the PayPal account can impact the processing time. If the account has been flagged for suspicious activity or is undergoing a review process, it may take longer for pending authorizations to be processed.
In general, PayPal states that pending authorizations are typically resolved within 21 days. However, this timeframe can vary depending on the factors mentioned above. During this period, PayPal may either approve, deny, or cancel the pending authorization.
To provide a clearer understanding, here is a breakdown of the possible outcomes for pending authorizations:
1. Approved: The pending authorization is approved, and the payment is processed successfully.
2. Denied: The pending authorization is denied, and the payment is not processed. The funds may be returned to the sender’s account.
3. Cancelled: The pending authorization is cancelled, and the payment is not processed. The funds may be returned to the sender’s account.
It is important to note that PayPal may occasionally hold a payment for a longer period than the standard 21 days. In such cases, PayPal will notify the user via email or within the PayPal app.
In conclusion, the duration it takes for pending authorizations to be processed in PayPal can vary depending on the type of payment, the amount, and the status of the PayPal account. While PayPal typically resolves pending authorizations within 21 days, it is essential to monitor the status of your payments and stay informed about any potential delays.
